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Many Adults Are Helping Their Parents Financially Despite Strain – The New York Times
Many Adults Are Helping Their Parents Financially Despite Strain – The New York Times:
“Many adults give financial support to their parents, despite feeling a strain on their own budgets, new research finds.
About a third of adults in their 40s, 50s and early 60s said they had given a parent money in the past year, according to a new survey from the research arm of AARP, the advocacy organization focused on older Americans.”
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Not for sale – Luxury groups ponder ways to get rid of their unsold inventory | Business | The Economist
“Two things may come to the rescue of exasperated inventory liquidators. The first is the rise of second-hand-clothes sales online: expect to see many ‘used’ frocks on offer that are in fact brand new. The second is ‘up-cycling’, when an unsold dress gets trimmed, combined and dyed into a new fabulous outfit.”
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Phone Hacks Can Happen to Anyone. Here’s How to Protect Yourself. – The New York Times
Phone Hacks Can Happen to Anyone. Here’s How to Protect Yourself. – The New York Times:
“Vacations, in general, are fraught with risk. The hotel Wi-Fi network should never be used, because it exposes your devices to hacking. Use the hot spot on your phone instead, and never log into your financial accounts on a public network.
Some Wi-Fi hotel networks are outright fakes.”
*Lots of interesting information in full article.
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Ajit Pai: Carrier sales of phone-location data is illegal, FCC plans punishment | Ars Technica
Ajit Pai: Carrier sales of phone-location data is illegal, FCC plans punishment | Ars Technica:
“Mobile network operators who sold their customers’ real-time location data violated US law and the Federal Communications Commission will try to punish carriers that did so, FCC Chairman Ajit Pai wrote today.”
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FDA approves peanut allergy drug treatment for children – CBS News
FDA approves peanut allergy drug treatment for children – CBS News:
“The U.S. Food and Drug Administration has approved the first drug to treat life-threatening peanut allergies, which affect 1.2 million children. The drug is intended to help children tolerate small amounts of peanuts and potentially avoid a life-threatening accidental exposure. “
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Opinion | Millennials Aren’t Spending All Their Money on Avocado Toast, Actually – The New York Times
“… there is also clear evidence that millennials, born between 1981 and 1996, are saving more aggressively for retirement than Generation X did at the same ages, 22-37. And that might put them in better financial shape than many assume.”
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How Private Equity Buried Payless – The New York Times
How Private Equity Buried Payless – The New York Times:
“The death of Payless eliminated several hundred well-paying corporate headquarters jobs in Topeka, as well as thousands more jobs in stores. And it hurt creditors, landlords and suppliers.”
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Illinois governor signs law capping insulin costs at $100 per month
Illinois governor signs law capping insulin costs at $100 per month:
“The Illinois governor has signed a new law that will cap out of pocket insulin costs at $100 for a 30-day supply.”
*Will there be enough supply at or below the mandated price cap? Let’s see how this plays out.
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The Tragic iPad – Stratechery by Ben Thompson
The Tragic iPad – Stratechery by Ben Thompson:
“The Tragic iPad”
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Customs police seize $900,000 in counterfeit money — all in $1 bills – CNN
Customs police seize $900,000 in counterfeit money — all in $1 bills – CNN:
“Customs police seized $900,000 in counterfeit money from a shipping container — all in $1 bills”
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D.L. Damore 